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. no. 4, ordinance amending the san francisco business and tax regulation code article 12a by amending section 906.5 to priest the payroll expense tax exclusion for small business net new payroll for years 2012 through 2015 from terminating in event that the voters of the city and county of san francisco pass a gross receipts tax. >> thank you victor. we have legislationoff aide to supervisor farrell, catheryn stephanie, welcome. >> good morning, supervisors, cathery stephanie, lengthiest aide to supervisor farrell. what have you before you is clean-up legislationings that follows our payroll tax exclusion legislation that was drafted before the gross receipts ballot language was finalized and submitted. so it was originally drafted and legislation will actually terminate upon passage of the gross receipts tax prior to the end of 2012. of course that is assuming that proposition e does pass on november 6th. this legislation before you amends it, so it no it longer terminates november 6th and allows the exemption to remain in effect for tax years 2012-2015. if the gross receipts tax
as possible and do that by getting government out of the way with all its red tape and regulations and taxes and union work rules that increase the cost of housing. that would be a better way to get affordable housing, not bringing back this redevelopment agency with its legacy of driving african americans out of the fillmore and they had slated more than half the bay area for redevelopment before they were shut down. >> anything you'd like to add, peter? >> there's a number of assertions from my opponent that are based in a misunderstanding how affordable housing works in san francisco in this particular measure. unfortunately there's not enough time to tackle all of them, but i want to make clear this is not subsidizing middle income home owners. this is going to go primarily for low and very low householders in san francisco. that has always been the programmatic focus because you can leverage funding. we live in a high income market and that is exactly why we have an affordable sector in this city. when it comes it recreating redevelopment, that's a fallacy. it's about recognizing t
gof tv, i'm here to discuss proposition e the city requires businesses it pay a flat 1.5 percent tax on payroll cost for work performed in the city. small businesses with less than 250,000 dollars in payroll costs are exempt from the tax. proposition e would create a new city business tax based on gross receipts rather than payroll costs. under the new system, the tax on payroll cost would be eliminated or reduced. businesses with gross receipts of less than 1 million dollars annually will be exempt from the gross receipts tax. the gross receipts tax rate would vary depending on the type of business and its annual gross receipts from its activity in the city. certain businesses that have their headquarters or administrative offices in san francisco that operate primarily in other locations would pay the gross receipts tax based on payroll costs. proposition e would require the city to phase in the gross receipts tax and phase out the tax on payroll costs over a 5 year period beginning in 2014. if the gross receipts tax revenue exceeds the revenue the city would have received unde
taxes by $600 million. not as much as i would have liked, but we did. tim trying to raise taxes. we also reduced the size of the state work force by 9000. there were over 300,000 net new jobs created. i use all of my time i could for jobs and recruiting investment to virginia. tim was out running around the country advocating for obama's policies as well as raising money and trying to get folks like harry reid and nancy pelosi reelected. when he was governor, over 100,000 jobs were lost. i have worked across party lines. i want to work with republicans and democrats to get this economy going. i think we can find common ground to make sure our tax laws are more competitive and simple. if we do that, i think we will send a message to the world america is open for business again. >> i think what the audience sought is he was asked a question about his senate record and he was talking about being governor. he is running for reelection to the united states senate. he had a fiscal irresponsibility. george came into the united states senate with historic surpluses. we were in great shape. by th
success. you know, they are talking about -- president obama is talking about a tax increase. there are two of things wrong with that. one is that i happen to know where the money goes. and secondly, raising taxes on people is not the answer in washington. i was there when we balance the budget in 1997. and we cut taxes. we did not raise taxes. to give them more money, they will spend it. it will hurt malkin -- small businesses and hurt our ability to create jobs. that is why so many small business people have been paralyzed. and then come the regulations. a small business person, man or woman, it needs to be treated like a delicate flower. you have got to water it, you have got to take care of it called a little loving care. you do not crotchet by somebody that does not understand small business -- you do not crotchet. it is hard to start. it is hard to keep it going. but small business is the engine of economic growth. it is where we get our jobs from. yet, we have all these people in washington who give us this top- down approach to how we will grow jobs. and it is really
. and the president taking credit for positive economic aiders. and what will january's looming tax increases do to those signs of life? and a measure on the ballot in michigan could hand unions their biggest victory in years. will they make collective bargaining a constitutional right? >> welcome to "the journal editorial report." wifeless than two weeks to go, president obama and mitt romney hit the campaign trail in florida, ohio, wisconsin, colorado, and virginia. polls continue to show the race in a dead heat nationally, and too close to call, in no fewer than ten swing states but the obama campaign and its media allies are questioning whether mitt romney's recent momentum is real. joining the panel his week, dan henning gary, james freeman, dorothy rabinowitz and kim strassel. kim, tell us how real the romney surge is. >> look, paul, i know two weeks is one side increasing its advantage in both the national polls and the swing state polls. that's romney. we have seen money flowing into that side. that's romney. we have seen him improve his performance in independents and womens. you can ca
payroll tax to gross receipt tax and why? because by doing that we can create jobs in san francisco and keep people in san francisco . the kids are growing up and we want them to stay but we need jobs. i agree with mr. crowley with the police force and make sure that is fully staffed and i have been speaking to the police athletic league and they have a program to breen the teenagers to be interns in the police force and they would feed into the police cadet program. thank you. >> thank you sir. the next question the city's liabilities are projected to increase in the next coming year. s what new or increased fees should it institute and i will repeat the question and we will begin with mr. crowley. >> i would say that one of the bigger things that we will have before us is the gross receipts tax check that norman talked about trading from the payroll tax which is punitive. the next thing i would do is increase the foot print on mos sony center and that brings in a lot of money to the general fund and erect a multi-purpose area and bring in more money to the coffers and a green i
, so does our economy. that is why instead of raising taxes, we ought to fix our 72,000 page monstrosity of a tax code, so we can keep jobs here and bring jobs home that have gone overseas. we should repeal the president's health care law, which makes it harder for small businesses to hire. and replace it with reforms that actually the work costs and protect the doctor-patient -- lowers costs and protects the doctor-patient relationship. and instead of getting into high gas and energy prices, let's jump start the development of america's vast domestic energy resources. let's build the keystone pipeline. let's expand the exploration and use of natural gas and coal. these are all good ideas that mitt romney supports. the president obama has ignored or rejected. that is disappointing, especially considering how his policies have failed. he promised to listen. he promised us change. but all we have got is more of the same. more spending, more red tape, more debt and decline. a loss of hope. the united states senate, run by the president's party, has not passed a budget in more th
companies or the tea party, for that matter. we need a fair set of rules. i feel like our tax system is rigged by those in power and lobbyists. the plans for the future of medicare are dangerous. if we hand them over to the present health insurance companies. what you will see is somebody fighting for fairness and the voice of hard-working wisconsin families to be heard. >> governor, you have been defined as someone who is -- who hoas stopped being one of us. and you have sold out a special corporate influences. criticism has focused on will have done since being governor. do you have second thoughts about jobs you have held, you have represented? >> no. no. nobody else to say that except my opponent. she spent millions because she is no record to run on. she's been in congress of the 14 years. she did nothing while she was there issue passed three bills. i was governor of the state. cut taxes 91 times, passed welfare reform, school choice, a charter schools, but did care. senior care. all programs for the low, middle income. for everybody in the state of wisconsin dairy 90% of the p
's what i've done. cut metal -- taxes on middle-class families and small businesses that create jobs, and over burdensome regulations on our farmers. make sure we keep our promise to seniors on medicare, as well as make sure we support our military and support the niagara falls -- also have to make sure we balanced the budget the right way. i've been so blessed to live the american dream. just like my mom and dad by starlight together in a trailer in the shadows of the steel plant. i promise to continue to be strong independent voice and a fighter to make sure everyone in this great country has the same shot i take it that's my commitment to you. collins: well, good evening. i'm chris collins. i'm running for congress to do my part to help restore the promise of the american dream for our children and our grandchildren. our country is at a tipping point. my granddaughter turned one just last saturday. she has $52,000 of debt. federal debt at her feet. my two kids in college are worried they're not going to have a job when they graduate. that's unacceptable. my 85 year-old mom is worr
and to reduce regulation and keep taxes low, so that businesses can expand and people can get jobs and they can feed their families and pay their mortgage and send their kids to school. i think that the choice we have to make on november 6 is very clear. you can choose someone who took a $200 million surplus, increases spending by 50% and let us with the highest tax burden in the country, or you can choose me. i would like to go to washington and lead the fight to reduce spending and reduce regulation and do things to grow this economy, and i would appreciate your vote. >> moderator: steve woods? woods: i'm a businessman and chairman of my local town council. this campaign and other campaigns bother me. cynthia, i am tired of your constant criticism of old wealthy white men. i think it is undignified for a u.s. senate candidate. charlie, i'm tired of your gross distortion of truth in regard to angus king come and i'm tired of your tv commercials ruining all my favorite shows on abc. i get it. 1.3 million. we both think that angus is responsible for terrible things. that and everything else. but
hour, fair and balanced. what about the plan to overhaul the tax code. what is it going to mean for jobs. >> i think it's going to be great for jobs. ovrhauling the taxes is the thing that the governor and hopefully president romney can do. and incents, if that's a word, every individual and corporation out there. provides a path of what they're going to do, what they're ing to pay and if it's simplified and overhauled, it will get rid of hopefully a lot of the special interests, whic takes the government out of the intervention and provides a clear playing field for everyone. this could turn around our economy, if done soon and done right. >> brenda: jonas, we don't know exactly what kind of overhaul we would get and isn't that adding uncertainty? wouldn't that keep people from hiring? >> moreover, it doesn't really, neither plan really addresses the deficit and the need for revenues. let's leave that problem off the table and talk about the job situation. i like what romney wantso do, the code has a lot of deductions that shouldn'te there, we should just lower rates and get at
do a rock launch page. molly, let's chat with you. there was a city hearing about applying hotel tax to your rentals. tell us about what happened. >> last wednesday, the tax collector called a hearing to discuss the applicability of the transient occupancy tax to short-term rentals and operators. we were concerned about this tax and its applicability to airbnb and our community. they showed up in great numbers at the hearing. our main concern is that we vote regularly to increase our own taxes. i do not think any of us are completely opposed to taxes. our concern is the tax code was written in 1961, long before the sharing economy existed, the internet, and the new thing we call airbnb. something that was written for corporate hotels and guests should not be applied to something that is entirely new, to permanent residents of san francisco who are occasionally renting out a couch or bedroom to a visitor, with whom the form great lasting friendships quite often. we announced that the entire city family take time to think about whether the existing laws should apply to the new activity
really pre-dates the idea of the phase-out of the payroll tax and the gross receipts proposal and if it was not changed it would basically prevent many if not most small businesss from ever taking advantage of this exclusion. what it would really do is say that that in order for a business to take advantage of the exclusion, their actual payroll tax liability would have to increase from one year to the next even though the rate was going down. so in 2014, that would mean that a business would have to grow its payroll by 10% before it could start to take dollar 1 of exclusion by 2015, that number is unknown. but it could be 25% before that number is -- before that threshold is reached and the business could take advantage of the exclusion. it's my understanding and this is not a recommendation from our office, but it's not my understanding that is not the supervisors' intent with the legislation. i was merely asked to draft alternative language, which you have before you. >> okay. thank you very much. we'll go to the budget am, analyst, mr. rose. . >> [pwha-eus/]ed on the
the lights on, the doors open and the teachers in the classrooms. >> how do tax dollars flow to public education? >> when the state goes through a budget crisis, schools are going to be in the cross hairs. >> with two competing tax measures on the november ballot, what's at stake for the state and its budget strapped schools? coming up next. >>> hello. i'm al letson, in for belva davis. welcome to a special edition of "this week in northern california." with the november election just around the corner, the campaigns are heating up for propositions 30 and 38. tonight, we want to cut through the noise and try to make sense of what really is at stake for schools if one or both or neither get the green light. we'll hear from both sides in just a few minutes. plus, get some in depth analysis from two veteran education reporters. but first, we wanted to see just how bad the budget situation is in our schools. and how it got that way in the first place. pbs news hour correspondent spencer michaels takes a look. >> in schools around the state, there's a feeling that the ax is about to fall. a
of amnesia on november 6. all of a sudden romney claims he does not hea $5 trillion tax cut that will raise taxes for the middle-class to the president has a new term for it, he calls a what? romnesia.' it is the most accurate term i have heard in a while. and it is contagious because of a sudden, congressman ryan, the guy picked because of his new ideas about how to drastically cut spending, the guy whose budget passed cutting everything 19% across-the-board, his budget voucherizes medicare. not cut those programs. -- all the sudden, he says now he does not cut those programs. he just slowed their growth. he slows your growth. he limited to $2,500 tax cut that you middle-class parents used to keep your kids in school. taking thousands of the pell grants and knocking people out of college. it is like mitt romney try to convince the guy in the employment line that he did not outsourcing is job offshored his job. the result is the same. job is gone, you have a voucher and instead of a guaranteed medical benefit. now mitt romney is running ads across the country about getting tough on china. t
construction workers back to work. why? it would have been an increase in taxes, not for most people, but for those who make a million dollars or more. making the investments in education, making the investments in research, and we make those investments together and build a future. that is what it will take over the long run to build a stronger future here in western massachusetts, all across the commonwealth, and all across the country. >> thank you. before i start, i want to thank the mayor for your endorsement and support. thank you both for coming. this is actually about jobs and economy. the whole race is about that. we held one of our first jobs fares here because we want to connect people with jobs. when you put a title on a bill in washington that says jobs bill, you have to read the bill. those bills in particular were rejected in a bipartisan manner, and that means democrats and republicans recognize that by taking for under $50 billion in taxes out of the private sector and giving it to washington to increase government spending, that is not the answer. the best answer is
or regulating drugs as a means of doing both of those? >> i'm all for it. i don't want anything taxed at all, but, yeah, i mean, this is -- we may be getting to a pragmatic kind of prohibition era question where it became expedient to legalize alcohol so that you could be, you know, getting some of the great -- so that the federal -- the government could be getting some of the proceeds from that great cash crop, and, you know, marijuana, as we all know, the biggest cash crop in the country. again, you know, i'm looking for the liberals to step up to the plate here. i hear this thing about, oh, wait until obama's relegislated, he'll stop laughing any time anybody mentions this, the idea of legalization. it's not just a libertarian fancy. in opinion polls and in the voting in referendum in all of the states that it's come up in, it's more popular than gay marriage, more popular than a lot of stuff that moved into the consensus of acceptable discussion. it's only in official in washington that this has not been, you know, accepted, and, by the way, i hate to pick the liberals down one more time
and in san francisco for decades. commercial property owners have been on a tax holiday through the reagan and bush era and have received benefits it is time for us to properly tax commercial property owners here in san francisco so that we can make-up for the lack of funding that we receive from the state. i plan to do that by instituting a commercial rent tax in san francisco. san francisco needs to be a culturally sustainable city and environmentally sustainable, restoring uni, uni has had a structural budget deficit. we need supervisors who are going to have the political will to find the resources to fully fund our mta system. i am looking at a number of options from congestion pricing to a downtown transit tax assessment district to even a local gas tax or a local vehicle license fee so that we can fully fund our uni system and stop fixing the buses with duct tape and have a first-class transit system in san francisco. another way that we can be a leader is to encourage people to get out of the cars and on to bike by developing a 100 percent renewable infrastructure and making green
guidelines.e too - paid taxes forrthreeeyears, they're on their way too citizennhip, they've registered for the draft, they &popponnnts...petitionnddthe known as...questton 4. it act" on the ballot...its title...."publii institutions pf highhr learning-tuitiin rates.and ooponents...say it unfair...bott philossphically...a nd....iiaaccaall..(kipke) "it's just a costly bill. t's going to at least coss threee over th next three years, up we're provding a taxpayer beeefit tt ppople who entered our country illegally."the law states...that illegal not be incllded...among legal "in-state" tuition..they'll still be lassifiefd...as out- of-state students. and suppooters...say that's a reasonablecompromise. john if you still have questions reearring the maaylann a vote 2012 special monday explanations of the dreamm cc referendum... the same-sex marriage referendum....and tte referendum to exppnd gambling night att11... right here on fox45. straight ahead... video games... centered around thh presidential rrce. politically-themed entertainment... america's seen since 2004. (((reak 3)) 3 two opp
that one. you know i think that the gross revenue tax is a progressive tax and that tax would allow new businesses, small businesses able to flourish so we have something to look forward to with that. that being said treasure island seems to me a car dependent project and unless you have a ferry that is going there and dropping you off, but that would be somewhat time consuming. the same is true with hunter's point and the problem is there isn't a lot of transportation near there. the trances bay terminal next to bart, next to cal train this is a great project and has so much commuter friendly things going on there, and as far as i am concerned when it comes to development in san francisco it's got to stop. >> all right. thank you sir. >> there are three parts of the economy, the consumer, the investment and the government. the only reason thing that has grown on a rapid rate is the government. the government gets their revenues through taxation or borrowing money. the problem is the regulations are hurting small businesses. 2/3 of all jobs are created by small business which are
got to the budget surplus. i did not vote for the war or the tax cuts for the rich. with the giveaways to the drug companies that blow a hole in the budget. we had the biggest budget surplus to the biggest budget deficit in 2008. >> so you believe the senate is doing their job? >> i think that they did the right thing in the budget control act. this includes revenue and going after these tax loopholes. the politicians who signed the pledge to the lobbyists grover norquist -- >> i will give you 60 seconds to respond. >> sitting around your kitchen tables you can't go three months without managing your finances. you can't go three weeks without managing the budget for your small business. but he and other career politicians have gone three years since they passed a budget. he talks about the budget control act. if you are watching this, think for a second. do you have the budget control act in your small business? this is washington speak. we manage our small business with the budget. but these politicians to think that they can live by different set of rules. after y
trillion in debt. . i want to go to washington to lead and to reduce regulation and keep taxes low so businesses can expand and people can get jobs and feed their families and pay their mortgage and send their kids to school. the choice we have to make on november 6 is clear. you can choose someone like the hurricane and who took a $300 million surplus and left us with a $1 billion deficit, or you can choose me. i would like to go to washington to lead the fight to reduce spending and regulations and do things to grow this economy. i would appreciate your vote. >> i am not a politician. this is a little bit uncomfortable. i am a businessman and chairman of my local council. the negativity that has consumed this campaign bothers me. cynthia, i am tired of your criticism of old, wealthy white man. he went beyond the pale when you accuse angus king of the allied air. charlie, i am tired of your commercials ruining all of my favorite shows on abc. you do not think angus is responsible for a lot of terrible things. as an voter and citizen of maine, i will ask you to stop your attacks for t
of the rentals are illegal and the hotel tax is not collected. should the city legalize some or all of the arrangements and collect a hotel tax and we will begin with you -- i will be glad to repeat the question. >> i honestly don't know how you would enforce a law like that. of course everyone should pay their fair share but i don't know how you could enforce that. i believe we should standardize the inlaw units, maybe sure they're up to code and regulate any new units but as far as taxation i cannot see how you could actually enforce that and collect the taxes on it. >> thank you sir. mr. yee. >> cheryl i just want to make sure -- >> i can repeat it. there is internet base market for short base rentals and they sublease units to visitors and tourists and many are illegal and the city's hotel tax is not collected. should the city legalize these arrangements and collect the hotel tax? >> i traveled to different countries and i go to the internet and they have hotels and these rentals advertise and i have used these apartments as rentals for either a few days or one week and it's
it share the thoughts of your position. >> so proposition a is a temporary 8-year, $79 parcel tax on properties in san francisco. and that money would go directly to supporting city college of san francisco. city college is the largest work force training center in san francisco. we train students. we also help students learn english as a second language and then of course one of our primary missions is to help students, particularly low income and underserved students, move on to 4 year institutions. we serve nearly 100,000 students in san francisco and are a tremendous resource, we think, for san francisco. the last couple years the state budget cuts we faced, $53 million in the last 3 years alone, have really made it a challenge for us to keep our doors open for san francisco students and this proposition a would make a tremendous difference in addressing our fiscal problems right now. >> understood. thank you. starchild, can you present some of the thoughts around the opposition? >> sure. we all believe in people getting an education and having those opportunities be aff
their husband and very interested in what their tax rate is going to be after this election. >> and the number will only go up. chris: let's start to whip around. a gut question. i don't know if you can answer this but in your gut does mitt romney have the kind of support and oomph behind thim that defeats an incumbent president? a hard thing to do. if you think about it. a two-person race it almost never happens. >> you'd still say this is the test -- it's on obama's racket. i'm struck by the way in which romney as he presents himself to the country is different from the way that he was demonized early in this campaign by the obama advertising. people see him in the debates, it turns out that he's a likable guy. and chris: i agree with that. >> and sounding moderate, cheerful and optimistic and positive. that's a very different -- >> and for a reversal -- chris: they weren't ready for jekyll. they were selling hyde. >> my gut tells me no, partly baurgs the economic message has moved away from him in the accepts that using greece and some of these countries as a scare tactic to say this is why
leading the fight to cut the payroll tax for many americans so that they can have dollars in their pockets to invest in the economy, for trade adjustment assistance because workers lose their jobs because of unfair competition, i led the fight to get them back on their feet. earlier in philadelphia i mentioned the dredging project. the deepening of the channels. i was a key player in getting the most recent funding for that. so, getting results is key for our economy and i have the honor to have served with the people of pennsylvania and earned their trust. i ask again for this opportunity to earn their trust and that i have heard your vote. >> that includes the debate. we would like to thank the candidates for taking part in this important program. thank you for watching. now we have these final words from are co-sponsors. thank you so much for being here. >> hello, my name is a live be a thorn. the league of women voters citizen education fund thinks the candidates for participating in this debate. we are grateful for their continued partnership and commitment to informi
of tax rates we had under the clinton administration when the upper income earners were doing well and the entire economy was growing. we will have to make some tough choices. a balanced approach is the only approach i believe will get us there. >> your rebuttal? >> it is amazing to me that you can stand here, having voted for a trillion dollar deficits for the last four years, the largest, fastest debt increase in american history, can say that we have to control spending. you have done nothing to control spending over the last four years. with respect to cut, cap, and balance, it's amazing to me that the idea of cutting wasteful spending, capping the ability of congress to spend money we don't have, and balancing the budget is extreme. i think it would force congress to set priorities and stopped funding in things like solyndra and prioritize things like social security, medicare, and education. that's why i support a balanced budget amendment to the constitution. >> the race to succeed the retiring new mexico senator is just one of the key house, senate, and governor's races you
attacked 47% of americans, his company shipped jobs overseas, his plan cuts millionaires taxes, but raises yours. he'll voucherize medicare and make catastrophic cuts to education. so remember what romney said and what his name would do. >> paul: taking our name in vein, the 15th time, the wall street journal does not agree with any of the-- >> what do you think? >> this is a-- this is a distilled message (laughter) of the campaign. >> he keeps returning to this class warfare theme and this is in ohio and thinks the outsourcing, hitting the rich. 47% plays well with less educated white men in the midwest and where he's focusing ads. >> paul: is that really a good closing argument, dan? that's not an argument for the second term. >> it's not. and i honestly do not understand it, paul. it's -- i think it reflects barack obama's antipathy toward mitt romney? >> personal? >> i think so, he's been wanting to take him down from the beginning. and he's been running the same campaign from the beginning. and voters are out there still the economy the number one issue, waiting for the president to t
Search Results 0 to 49 of about 1,394 (some duplicates have been removed)